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M&a Underwriter: Nordics - London, United Kingdom - Liberty Specialty Markets

Liberty Specialty Markets

Verified Company

London, United Kingdom

1 month ago

Posted by:

Tom O´Connor

beBee Recruiter

Description

General information:

City:
London, UK

Country:
United Kingdom of Great Britain and Northern Ireland

Creation Date:27-Feb-2024

Employment Type:
Permanent

Employment Type:
Full time

Ref #:

Description & Requirements:

Role Title:
M&A Underwriter

Department:
Liberty GTS, EMEA

Team:
Nordics

Location:
London, UK

Type:
Permanent

About the Role:

GTS offers specialized products and services to help facilitate M&A transactions for buyers and sellers, including: Warranty & Indemnity (W&I) Insurance, Tax Liability Insurance and one-off policies created for individual contingent risks.

As an M&A underwriter you will use the analytical skills you gained as a lawyer and grow your commercial abilities to offer insurance solutions for the marquee M&A transactions of the region.

About the Department & Team:

GTS is one of the largest global M&A insurance teams in the industry.

With more than 90 specialists, we have helped facilitate hundreds of M&A deals a year on average - successfully insuring thousands of transactions since our inception.

Key Responsibilities:

Strategy and Planning

Support the development of the annual business plan for the Underwriting division and ensure delivery of the plan in accordance with stated risk tolerances
Support the Head of Nordics and his or her direct reports in ensuring the team's awareness of the business plan and its context so that they are able to take appropriate action and make informed decisions
Contribute and participate in all meetings in order to share and develop strategy, knowledge and best practice
Contribute new ideas and concepts to support the development and delivery of the business plan

Delivery

Maintain and strengthen relationships with brokers, advisors, industry bodies, business partners, reinsurers and colleagues, to maximise influence and achieve business objectives, including by speaking at conferences and other public events
Demonstrate understanding and awareness of market dynamics and market cycles to drive and enhance business performance
Continually develop expertise and technical knowledge through appropriate development initiatives
Underwrite insurance risks in accordance with the business plan and personal authority to meet business objectives, including negotiating rates, terms and conditions for existing and new business
Contribute and influence in the review and analysis of the portfolio, to identify progress towards business objectives

People Management

Support Head of Nordics and other subregional managers in managing resources across the team to ensure business requirements are achieved
Assist other EMEA underwriting staff in the management of Analysts

Regulatory

Adherence to all relevant regulatory requirements forms part of your role, and the demonstration of behaviours as set out in the Conduct Risk Policy, as they relate to your role, is core to LSM's commitment to our Liberty Values, placing customers at the centre of our business and behaving with integrity. LSM expects you to understand your responsibilities relating to all regulatory and internal requirements, and to proactively demonstrate compliance with these requirements and behaviours at all times. These requirements include the Senior Managers and Certification Regime Conduct Rules, Solvency II, fair treatment of customers, Financial Crime, Data Protection, Conflicts of Interest, and Whistleblowing

Skills and Experience:

Good knowledge of legal, financial and regulatory requirements
Strong level of numeracy and literacy skills
Strong leadership, interpersonal and communication skills
Strong analytical skills
Strong negotiation skills
Strong organisational and prioritisation skills
Ability to analyse and use data for decision making
Strong attention to detail
People management ability to engage and manage junior team members
A good understanding of Nordic law with M&A experience
Strong established customer/broker and advisor relationships

About Liberty Global Transaction Solutions (GTS)

Liberty GTS is a market-leading provider of innovative insurance solutions for complex transactional risks, including Representations & Warranties (R&W)/Warranty & Indemnity (W&I) Insurance, Tax Liability Insurance and one-off policies created for individual contingent risks.

The Liberty GTS team consists of over 100 specialists operating in 15 jurisdictions throughout EMEA, the Americas and APAC. The GTS team includes a dedicated claims unit comprising M&A experts who only handle GTS claims.

We leverage the expertise of our underwriters, our local knowledge, global network and financial strength to help our clients navigate highly complex multi-jurisdictional deals.

Our underwriters close in excess of 1,500 deals a year and average more than eight years' direct M&A experience across a variety of industry sectors.

Liberty GTS is part of Liberty Mutual Insurance,